Specifically, the original $149 price tag of Leather Loop and Milanese Loop Apple Watch bands has now dropped to $99. This means that they're only $50 more expensive than Apple's cheapest Sport Bands and Sport Loops, which cost $49.
Leather Loop is now available in Meyer Lemon, Black, and Saddle Brown; it only fits 44mm Apple Watch cases. Milanese Loop is available in Silver, Gold, and Space Black; it can fit both 40mm and 44mm cases.
Apple has not dropped the price of the Modern Buckle any further, although at $149 it is still $100 cheaper than it initially was at launch. Hermès bands are as much as $539, and the Silver Link Bracelet is $349, while the Space Black Link Bracelet is $449.
More information about the new Apple Watch Series 5 can be found in our full launch post on the new wearable.